Loved this from the Wall Street Journal 7/28/2009

Sales of U.S. homes are rising. Sales of new single family homes frose 11% in June from the prior month, the biggest gain in almost nine years, to a seasonally adjusted annual rate of 384,000 units. Inventories of unsold homes declined to an 8.8 months' supply at the current rate, the lowest level since October 2007. The data confirms a similar improvement in sales of existing homes, providing evidence the housing market is stabilizing, though sales and prices remain well below their highs.